The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’

1d ago

TLDR — If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the

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AssetEventregulationEvent timeSep 30, 11:00 UTCAttention0 readers/hrNormalSmart readers0

If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the blockchain age, argues Fairmint’s Joris Delanoue.

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